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Mayfair Gold Drills 1.44 g/t Gold over 49.5m including 9.20 g/t Gold over 2.5m at Fenn-Gib Footwall Zone

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Monday, September 11, 2023

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Mayfair expects to report a maiden underground Footwall Zone resource in early 2024.”

Key Points:

Mayfair expects to report a maiden underground Footwall Zone resource in early 2024.”
FG23-345 intersected 1.44 g/t Au over 49.5m, including 9.20 g/t Au over 2.5m and 2.92 g/t Au over 3.0m;
FG23-304 intersected 1.46 g/t Au over 25.9m, including 14.32 g/t Au over 1.0m and 3.0 g/t Au over 3.5m and 5.88 g/t Au over 1.9m;
FG23-314 intersected 2.19 g/t Au over 17.1m, including 13.67 g/t Au over 2.0m; and
FG23-326 intersected 3.67 g/t Au over 8.0m, including 6.47 g/t Au over 4.2m including 19.89 g/t Au over 0.9m.
FG21-188 intersected 25.93 g/t Au over 1.5m, 1.37 g/t Au over 25.5m including 5.4 g/t Au over 5.0m; FG21-203 intersected 2.70 g/t Au over 15.0m; including 4.04 g/t Au over 9.0m, including 7.18 g/t Au over 4.0m; FG21-215 intersected 2.88 g/t Au over 49.0m, including 6.53 g/t Au over 17.5m and FG22-218 intersected 0.71 g/t Au over 92.0m, including 2.15 g/t Au over 10.0m.
A lower zone returned 2.40 g/t Au over 47.4m, including 3.83 g/t Au over 4.7m and 5.26 g/t Au over 6.6m and 6.78 g/t Au over 7.0m (news release June 15, 2022).
FG23-300 intersected 2.05 g/t Au over 16.2m, including 3.72 g/t Au over 6.2m (news release February 27, 2023), and hole FG23-328 returned 15.65 g/t Au over 1.5m and 7.94 g/t Au over 7.0m and hole FG23-344A intersected 4.72 g/t Au over 30.0m, including 6.59 g/t Au over 19.6m (June 21, 2023 news release).

Pipestone Energy Corp. and Strathcona Resources Ltd. Announce Receipt of Interim Order and Filing of Management Information Circular Related to Proposed Arrangement With Strathcona Resources Ltd.

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Monday, August 28, 2023

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For information regarding Strathcona and the Arrangement, Shareholders are encouraged to read the Circular.

Key Points:

For information regarding Strathcona and the Arrangement, Shareholders are encouraged to read the Circular.
Further information is also available on Strathcona's website, including an updated Corporate Overview presentation and new Transaction Overview presentation, at www.strathconaresources.com .
The board of directors of Pipestone has approved the Arrangement and recommends that Shareholders vote FOR the Arrangement at the Meeting.
The information available on Strathcona’s website has been prepared by Strathcona, has not been independently verified by Pipestone and Pipestone assumes no responsibility for the accuracy of such information.

Mayfair Gold Reports Positive Results from Ongoing Metallurgical Testing

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Tuesday, August 1, 2023

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VANCOUVER, British Columbia, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to report positive results from the Company’s ongoing metallurgical test program on mineral samples from the Company’s 100% controlled Fenn-Gib deposit located in the Timmins region of Northeast Ontario.

Key Points:

VANCOUVER, British Columbia, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to report positive results from the Company’s ongoing metallurgical test program on mineral samples from the Company’s 100% controlled Fenn-Gib deposit located in the Timmins region of Northeast Ontario.
Metallurgical test work was completed at SGS-Lakefield (“SGS”) under the guidance of Mr. Steve Haggarty, P.Eng.
The improved metallurgical recoveries are included in the recently published July 26, 2023 Fenn-Gib Project NI-43101 Technical Report, with an effective date of April 6, 2023.
The clean pyrite concentrate is attractive as a smelter feed providing a fuel source with payable gold content.

Pipestone Energy Corp. Enters into Agreement to be Acquired by Strathcona Resources Ltd. in an All-Share Transaction, Creating a New Public Canadian Oil & Gas Champion

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Tuesday, August 1, 2023

Opportunity to Grow Business Organically to >325,000 boe / d:

Key Points:

Opportunity to Grow Business Organically to >325,000 boe / d:
Staged approach to growth, taking advantage of the most capital-efficient projects first:
3.
Strathcona and Pipestone have entered into the Arrangement Agreement to effect the Transaction through a plan of arrangement under the Business Corporations Act (Alberta).
This link will provide each registrant with a toll-free dial-in number and a unique PIN to connect to the call.
CIBC Capital Markets, Scotiabank and Mizuho Securities USA are acting as financial advisors to Strathcona in connection with the Transaction.

Mayfair Gold Completes Fenn-Gib Geotechnical and Hydrogeology Field Campaign

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Wednesday, July 5, 2023

Pipestone, Indication (medicine), MFG, Mining

VANCOUVER, British Columbia, July 05, 2023 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to announce the successful completion of the geotechnical and hydrogeology field campaigns in support of the planned Fenn-Gib pre-feasibility study.

Key Points:

VANCOUVER, British Columbia, July 05, 2023 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to announce the successful completion of the geotechnical and hydrogeology field campaigns in support of the planned Fenn-Gib pre-feasibility study.
The near-surface Fenn-Gib gold mineralization is broadly disseminated striking east-west on the Pipestone Fault over more than 1.5 kilometers (km) and is over 500 meters (m) wide at the west end.
Mayfair Gold President and CEO Patrick Evans commented: “Mayfair’s recently reported pit-constrained resource update assumed a 50-degree pit slope angle.
The potential exists to significantly increase the Fenn-Gib resource ounces by increasing the open-pit wall slope angle above 50 degrees.

GFG Drills 9.97 g/t Gold over 8.1 Metres at its Montclerg Gold Project Located in the Timmins Gold District: Extending High-Grade Gold Mineralization at the MC Central Zone and Outlining New Gold Mineralization 1 km to the East

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Tuesday, June 27, 2023

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SASKATOON, Saskatchewan, June 27, 2023 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) reports new high-grade gold assay results from its recently completed 13-hole 2023 Phase 1 drill program at the Montclerg Gold Project, located 40 kilometres (“km”) east of Timmins, Ontario. (see Table 1 and Figures 1-3). The results released today are from eight drill holes completed along the Montclerg gold system where GFG has continuously proven and grown a robust gold system since the Company acquired the asset in October 2021.

Key Points:

Drill hole MTC-23-045 was designed as a significant northeastern step-out hole testing stratigraphy more than 700 m from the core of MC Central.
Mineralization within the felsic volcanic was typical of the MC Central panel, with up to 15% thin extension veins with arsenopyrite halos.
The presence of considerable gold mineralization this far east of the MC Central bodes well for potential extension of the Montclerg system along strike.
Drill hole MTC-23-046 was drilled to test the Montclerg Footwall zones 1 km east of MC Central.

Pipestone Energy Corp. Reports Voting Results of Annual Shareholder Meeting

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Thursday, June 22, 2023

Certification, PIPE, Pipestone, TSX, Remuneration, Montney, British Columbia, Grande Prairie, Ernst & Young, Accounting, Tourism, Audit

Ernst & Young LLP was appointed as auditors of Pipestone Energy to hold office until the next annual meeting, and the directors of Pipestone Energy were authorized to fix their remuneration.

Key Points:

Ernst & Young LLP was appointed as auditors of Pipestone Energy to hold office until the next annual meeting, and the directors of Pipestone Energy were authorized to fix their remuneration.
The results of the ballot were as follows:
Pipestone is an oil and gas exploration and production company focused on developing its large contiguous and condensate rich Montney asset base in the Pipestone area near Grande Prairie.
Pipestone has achieved certification of all its production from its Montney asset under the Equitable Origin EO100TM Standard for Responsible Energy Development.
Pipestone shares trade under the symbol PIPE on the TSX.

Mayfair Gold’s Fenn-Gib Project Maintains Carbon Neutrality for 2022

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Thursday, June 22, 2023

Carbon accounting, CSA, Mayfair, Indication (medicine), GHG, Carbon, Pipestone, Heat, MFG, CarboNZero programme

VANCOUVER, British Columbia, June 22, 2023 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to announce that the Fenn-Gib Project (“Fenn-Gib”), Canada’s first carbon neutral gold project, has purchased carbon offsets to account for emissions from Company-wide activities during 2022, the Company’s second year of operations.

Key Points:

VANCOUVER, British Columbia, June 22, 2023 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to announce that the Fenn-Gib Project (“Fenn-Gib”), Canada’s first carbon neutral gold project, has purchased carbon offsets to account for emissions from Company-wide activities during 2022, the Company’s second year of operations.
Mayfair Gold President and CEO Patrick Evans commented: “Gold is Canada’s most valuable mined commodity, valued in excess of $12 billion annually.
To compensate for these emissions, Mayfair has purchased carbon offsets from Carbonzero to support the Canada-wide Thermal Residential Heating Aggregation Project, with the offsets being retired on the Canadian Standards Association (CSA) Clean CleanProjects® Registry.
The carbon offset project was specifically selected to directly benefit a broad range of Canadians.

Mayfair Gold Drills 6.59 g/t Gold over 19.6m within 30.0m at 4.72 g/t Gold at Fenn-Gib Footwall Zone

Retrieved on:

Wednesday, June 21, 2023

Mayfair, Indication (medicine), Gold, Pipestone, MFG, News, Nightclub

Based on the progress to date, Mayfair expects to report a maiden underground Footwall Zone resource in early 2024.”

Key Points:

Based on the progress to date, Mayfair expects to report a maiden underground Footwall Zone resource in early 2024.”
FG23-344A intersected 4.72 g/t Au over 30.0m, including 6.59 g/t Au over 19.6m;
FG23-328 intersected 15.65 g/t Au over 1.5m and 7.94 g/t Au over 7.0m;
G23-330 intersected 3,782.70 g/t Au over 0.5m.
FG21-166 intersected 1.42 g/t Au over 66.0m, including 3.4 g/t Au over 19.2m, including 6.20 g/t Au over 9.2m.
FG21-188 intersected 25.93 g/t Au over 1.5m, 1.37 g/t Au over 25.5m including 5.4 g/t Au over 5.0m; FG21-203 intersected 2.70 g/t Au over 15.0m; including 4.04 g/t Au over 9.0m, including 7.18 g/t Au over 4.0m; FG21-215 intersected 2.88 g/t Au over 49.0m, including 6.53 g/t Au over 17.5m and FG22-218 intersected 0.71 g/t Au over 92.0m, including 2.15 g/t Au over 10.0m.
A lower zone returned 2.40 g/t Au over 47.4m, including 3.83 g/t Au over 4.7m and 5.26 g/t Au over 6.6m and 6.78 g/t Au over 7.0m (news release June 15, 2022).

Pipestone Energy Corp. Provides Update in Respect of Annual General Meeting

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Monday, June 19, 2023

Certification, PIPE, Pipestone, TSX, Montney, British Columbia, Grande Prairie, Rare-earth element, Tourism, Management

CALGARY, Alberta, June 19, 2023 (GLOBE NEWSWIRE) -- (PIPE – TSX) As previously disclosed on May 10, 2023, Paul Wanklyn, President and Chief Executive Officer of Pipestone Energy Corp. ("Pipestone"), has taken a leave of absence for health reasons.

Key Points:

CALGARY, Alberta, June 19, 2023 (GLOBE NEWSWIRE) -- (PIPE – TSX) As previously disclosed on May 10, 2023, Paul Wanklyn, President and Chief Executive Officer of Pipestone Energy Corp. ("Pipestone"), has taken a leave of absence for health reasons.
Mr. Wanklyn has subsequently chosen to not put himself up for re-election to the Board of Directors at the annual general meeting of shareholders to be held on June 22, 2023 as he remains on leave.
Pipestone is an oil and gas exploration and production company focused on developing its large contiguous and condensate rich Montney asset base in the Pipestone area near Grande Prairie.
Pipestone has achieved certification of all its production from its Montney asset under the Equitable Origin EO100TM Standard for Responsible Energy Development.